Few books have shaped how people think about money like Rich Dad Poor Dad.In this episode of the Swedish Wealth Institute Podcast, Daniel Wood sits down with Robert Kiyosaki for a wide-ranging conversation on money, skills, failure, and financial education — from the untold stories behind Rich Dad Poor Dad to why Kiyosaki believes most people were never taught how money actually works.Robert shares his earliest attempts at “getting rich,” the painful lessons from his first real company, and how those experiences shaped his views on assets, debt, and entrepreneurship. He explains why skills matter more than jobs or degrees, why learning to sell and raise capital is foundational, and why experience beats theory when it comes to money.This episode also dives into the origin of the Cashflow 101 board game, how learning through repetition changes behavior, and what parents can start teaching their children today to build financial intelligence early.Inside This Episode, You’ll Learn:• The childhood story that inspired Rich Dad Poor Dad • Why Robert Kiyosaki calls modern money “fake” • Lessons from his first failed company and bad partnerships • The three core skills Kiyosaki says create wealth • Why learning to sell starts with rejection and repetition • How “failing faster” builds confidence • Why Cashflow 101 teaches money better than lectures • The difference between assets and liabilities — in real life • How debt can be used to build wealth or destroy it • What parents can teach kids about money starting now🎁 Free Gifts & Resources Mentioned:Money Mastery New Year’s Summit — Free Ticket Featuring Robert Kiyosaki, Jack Canfield, Brian Tracy, Les Brown, Marci Shimoff & more 👉 https://swedishwealthinstitute.com/eventsSwedish Wealth Institute Community Access live Q&A sessions, workshops, and world-class mentors 👉 HereCashflow Game & Learning Resources👤 Guest:Robert Kiyosaki Author of Rich Dad Poor Dad | Entrepreneur | Financial Education Advocate⏱️ Timestamps 00:00 – Childhood money lessons & first “business” 05:40 – The origin of Rich Dad vs Poor Dad 11:30 – First company failure & partner lessons 18:10 – Skills that matter more than degrees 25:00 – Learning sales through rejection 32:40 – Why Cashflow 101 was created 41:20 – Assets, liabilities, and real-world debt 52:00 – Teaching kids financial intelligence 01:02:30 – What Robert would do starting today 01:12:00 – Final insights & closing thoughts✨ Enjoyed this episode? Don’t forget to subscribe to The Swedish Wealth Institute Podcast so you never miss new conversations with world-class entrepreneurs, investors, and changemakers. 👉 Join the SWI community: www.swedishwealthinstitute.com 👉 Follow Daniel Wood on social media: Instagram | Linkedin | Facebook 👉 Follow SWI on social media: Instagram | Linkedin | Facebook ⭐ If this episode inspired you, please rate and review the podcast on Spotify or Apple Podcasts — it helps us reach more people on the journey to wealth, freedom, and impact.

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.

Transcript

Related